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Foresight Secures Additional Sale of QuadSight™ Prototype

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Leading European vehicle manufacturer orders QuadSight™ prototype

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator
in automotive vision systems, announced today the additional sale of a
prototype of its breakthrough QuadSight™ quad-camera vision system. The
QuadSight™ multi-camera vision solution targets the semi-autonomous and
autonomous vehicle market and is designed to allow near-100 percent
obstacle detection with near zero false alerts under any weather and
lighting conditions. The stereoscopic technology system was ordered by
the truck division of one of Europe's largest vehicle manufacturers.
Revenue from the prototype system sale is expected to total tens of
thousands of dollars.

This is the second sale of QuadSight™ prototype system to a leading
European original equipment manufacturer (OEM) demonstrating the
company's clear strategy to cooperate with leading European OEMs.
According to a Mordor Intelligence report earlier this year, the
long-term market potential for autonomous vehicles and advanced accident
prevention systems is projected at $60 billion by 2030, with automotive
vision and V2X technological solutions playing a key role in reaching
that target.

Foresight believes that sales of QuadSight™ prototypes will
strengthen its relations with potential customers. Customer satisfaction
at the end of the evaluation process is expected to lead to a large
order of QuadSight™ systems by the vehicle manufacturer for
mass production.

"This is the third order from different automotive manufacturers
Foresight has received over the last 3 months, showing the industry's
interest in the company's revolutionary technology," said Haim Siboni,
CEO of Foresight. "In addition, it proves that the industry has a strong
need for an all-weather and lighting conditions vision system for semi
and fully autonomous vehicles."

By selling additional prototypes, Foresight intends to increase
awareness of its unique solutions, address potential customers, and
expand its presence with vehicle manufacturers and Tier One automotive
suppliers. Foresight believes that a closer evaluation of the technology
by potential customers may lead to future collaborations in research and
development, integration, production and more.

About QuadSight™

Foresight first launched a demo of its QuadSight™ system last January at
the CES show in Las Vegas. Foresight regards QuadSight™ as the
industry's most accurate quad-camera vision system, offering exceptional
obstacle detection for semi-autonomous and autonomous vehicle safety.
Using proven, highly advanced image-processing algorithms, QuadSight™
uses four-camera technology that combines two pairs of stereoscopic
infrared and daylight cameras. QuadSight™ is designed to achieve
near-100% obstacle detection with near zero false alerts under any
weather or lighting conditions – including complete darkness, rain,
haze, fog and glare.

Stereoscopic vision technology's exceptional three-dimensional (3D)
images, detection and accuracy are essential for safe and reliable
semi-autonomous and autonomous vehicle vision systems. Stereoscopic
cameras exceed a human driver's ability to see objects in real time,
whether large or small, in-motion or static, and from short or
long-range distances. The dynamic driving environment demands a level of
accuracy that only stereoscopic cameras can provide.

About Foresight

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), founded in
2015, is a technology company engaged in the design, development and
commercialization of stereo/quad-camera vision systems and V2X
cellular-based solutions for the automotive industry. Foresight's vision
systems are based on 3D video analysis, advanced algorithms for image
processing, and sensor fusion. The company, through its wholly owned
subsidiary Foresight Automotive Ltd., develops advanced systems for
accident prevention which are designed to provide real-time information
about the vehicle's surroundings while in motion. The systems are
designed to improve driving safety by enabling highly accurate and
reliable threat detection while ensuring the lowest rates of false
alerts. The company's systems are targeting the Advanced Driver
Assistance Systems (ADAS), semi-autonomous and autonomous vehicle
markets. The company predicts that its systems will revolutionize
automotive safety by providing an automotive-grade, cost-effective
platform and advanced technology.

Forward-Looking Statements

This press release contains forward-looking statements within the
meaning of the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995 and other Federal securities laws. Words
such as "expects," "anticipates," "intends," "plans," "believes,"
"seeks," "estimates" and similar expressions or variations of such words
are intended to identify forward-looking statements. For example,
Foresight is using forward-looking statements in this press release when
it discusses that this and any future sale of QuadSight™ prototypes
gives Foresight a deeper understanding of the customers' main
requirements, which allows modification of the Quadsight system within a
short period of time to accommodate each individual company; long-term
market potential for autonomous vehicles and advanced accident
prevention systems; strengthening relations with potential customers;
and that customer satisfaction at the end of the evaluation process is
expected to lead to a large order of QuadSight™ systems by
the vehicle manufacturer for mass production. In addition, Foresight is
using forward-looking statements when it discusses that it intends to
increase awareness of its unique solutions, to address potential
customers and expand its presence with vehicle manufacturers and Tier
One automotive suppliers by selling additional prototypes. Because such
statements deal with future events and are based on Foresight's current
expectations, they are subject to various risks and uncertainties, and
actual results, performance or achievements of Foresight could differ
materially from those described in or implied by the statements in this
press release.

The forward-looking statements contained or implied in this press
release are subject to other risks and uncertainties, including those
discussed under the heading "Risk Factors" in Foresight's annual report
on Form 20-F filed with the Securities and Exchange Commission ("SEC")
on March 27, 2018, and in any subsequent filings with the SEC. Except as
otherwise required by law, Foresight undertakes no obligation to
publicly release any revisions to these forward-looking statements to
reflect events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events. References and links to websites
have been provided as a convenience, and the information contained on
such websites is not incorporated by reference into this press release.
Foresight is not responsible for the contents of third party websites.

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